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Author Topic: Bitcoin is an Altcoin  (Read 3740 times)
cryptopaths (OP)
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August 22, 2014, 09:19:05 PM
 #1

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.

Do all of you understand what "alt" means? It stands for alternate.

So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.

Bitcoin is also an alternate to other technologies.  I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.
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August 22, 2014, 09:23:17 PM
 #2

bitcoin was the first one, so everything else is altcoin. Cool Cool

Sampey
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August 22, 2014, 09:24:13 PM
 #3

Bitcoin is the Cryptocurrency.
All the others are Alternative Cryptocurrency.  Wink
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August 22, 2014, 09:28:05 PM
 #4

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.

Do all of you understand what "alt" means? It stands for alternate.

So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.

Bitcoin is also an alternate to other technologies.  I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.


Uhm..... no.  Bitcoin is a cryptrocurrency and altcoins are cryptocurrency, but Bitcoin is not an altcoin.  The "alt" means "alternate to bitcoin".

Bitcoin is Bitcoin and all other coins are alts. 

NEM
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August 22, 2014, 09:28:16 PM
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cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.

..  mods please lock these boring and pointless topics that make no sense and offer nothing insightful

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
cryptopaths (OP)
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August 22, 2014, 09:46:53 PM
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cryptopath the under 18yo kid that doesnt think before he posts, has yet again started another topic that has no purpose but to make him look worse then people already believe he is.

..  mods please lock these boring and pointless topics that make no sense and offer nothing insightful

Exactly what I expected once you have no way to argue with my irrefutable facts you try to change the subject with completely irrelevant information and then try to call in the mods to help you.

Use your head for once man, you might learn a thing or two.
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August 22, 2014, 09:50:14 PM
 #7

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

I let the innovatives of altcoins test by others, and only if the altcoin take substantial Bitcoin market share Im gonna look more in detail for the altcoin. So far nothing interesting popped up, Bitcoin market share still way above 90%

I saved a lot of time (and Bitcoins Smiley) following this strategy  
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August 22, 2014, 09:51:49 PM
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Bitcoin isn't an alternative to Peercoin.. Peer coin is an alternative to Bitcoin.
cryptopaths (OP)
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August 22, 2014, 10:02:39 PM
 #9

Bitcoin isn't an alternative to Peercoin.. Peer coin is an alternative to Bitcoin.

Do you know what the word alternate means?
rhino34567
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August 22, 2014, 10:05:14 PM
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I don't think so. Bitcoin is the main crypto and all others are alternatives to it. Why fight over it though?

AdamWhite
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August 22, 2014, 10:13:09 PM
 #11

Uhhh... ok.

If you were here in the beginning you'll know the term alt came about once other coins started appearing (Ixcoin, I0coin etc etc)

Thing is, sure there is innovation in some of the new coins, but MOST of the time.. it is "just another alt shit clone"

Feel free to get off you pedestal anytime now.. not sure who your target audience is with this post.. believe it or not there are people here that are much smarter than you...

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August 22, 2014, 10:36:07 PM
 #12

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.

Do all of you understand what "alt" means? It stands for alternate.

So when shown some new technology in crypto I get annoyed when people go, oh it's just another alternate.

Bitcoin is also an alternate to other technologies.  I hate how all of you are acting like the current bitcoin protocol is the end all be all project in the crypto scene. Satoshi brought true innovation and all of you are acting like there can't be any more for some reason.

So please next time something innovative is made don't just go, oh that's just another altcoin. Actually use your heads and look at the technology for what it's worth.

This idiotic thought process that some of you posses is exactly why a lot of you and a lot of people didn't get in early on Bitcoin. Because when faced with something new your underdeveloped/underpowered brains don't know how to process everything and you immediately call scam or fail on what you can't understand.


But btc were 1st, that mean that alt, it's all currencyes after btc, and btc it's a core of crypto currency, much usefull for many people. Btc Community is bigger then any alt community. After that, we are using name alt. Don't hate it, if you don't understand that.
Sampey
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August 22, 2014, 10:47:33 PM
 #13

And of course, ALT = Alternative and not Alternate

http://www.oxforddictionaries.com/words/alternate-or-alternative

 Wink
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August 22, 2014, 11:48:10 PM
 #14

Bit coin was the first cryptocurrency to be introduced.
Alt coin simply means it's an alternative cryptocurrency other than BTC.

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August 22, 2014, 11:48:39 PM
 #15

This is the most pointless thread ever.

Cryptopaths is an expert troll.

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August 22, 2014, 11:53:35 PM
 #16

bitcoin was the first one, so everything else is altcoin. Cool Cool

This. 

Thread won.

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August 23, 2014, 01:47:49 AM
 #17

Bitcoin is an altcoin to Peercoin and Peercoin is an altcoin to Bitcoin.
I agree with you.

Bitcoin is the desirable alternative coin to Peercoin, and Peercoin is the less desirable alternative coin to Bitcoin.
seriouscoin
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August 23, 2014, 02:26:01 AM
 #18

ppl still keep feeding this fcking troll?

can you all do the community a favor and ignore the troll so he stop making this kind of threads?

Its like talking to a barking dog, you're just wasting your time and encouraging the barking behavior.

And i'm extremely sorry to all the k9 outthere for comparing this troll to you guys.
moriartybitcoin
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August 23, 2014, 03:14:17 AM
 #19

there's no room in the cryptocurrency markets for coins other than Bitcoin ...

All the speculation/hype is fueled by speculation/hype.  Nobody is actually USING the altcoins, other than hoarding them in the hopes they go up. Hell, people are just barely using Bitcoin itself.


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August 23, 2014, 03:19:05 AM
 #20

Bitcoin is the first true crypto currency and all the other projects inspired by it are alt coins.

Even Monero, which I support, is an alt coin, even though it is completely different from Bitcoin and shares no code at all.

Most alt coins are complete crap, however some alt coins are superior to Bitcoin in some ways, so don't take offense to these coins being called alt coins.

Being called an alt coin is not in any way derogatory.
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